Saxo Bank (Schweiz) AG does not guarantee the accuracy or completeness of any information or analysis supplied.

Saxo Bank (Schweiz) AG shall not be liable to any customer or third person for the accuracy of the information or any market quotations supplied through this service to a customer, nor for any delays, inaccuracies, errors, interruptions or omissions in the furnishing thereof, for any direct or consequential damages arising from or occasioned by said delays, inaccuracies, errors, interruptions or omissions, or for any discontinuance of the service.

Saxo Bank (Schweiz) AG accepts no responsibility or liability for the contents of any other site, whether linked to this site or not, or any consequences from your acting upon the contents of another site.

Opening this website shall not render the user a customer of Saxo Bank (Schweiz) AG nor shall Saxo Bank (Schweiz) AG owe such users any duties or responsibilities as a result thereof.

Gain the knowledge to trade with confidence. Our wide selection of easy-to-understand learning material on the most popular products will help you build a solid foundation before entering the world of online trading.​

Welcome to Saxo Bank (Switzerland) Ltd. support area. Here you can find answers to frequently asked questions about our trading products, platforms and accounts, client operations, find contact details, and see our general business terms and conditions.

On the one hand, we bring expertise, a high level of education, a multi cultural tradition and the stability of a fully licensed Swiss bank to our clients.On the other hand, we offer state-of-the-art online trading with a multi award winning global platform.​​​

(Chaikin) Accumulation Distribution Oscillator

​Chaikin Accumulation Distribution Oscillator (ADO) is a momentum indicator which is similar to the previously released Chaikin Accumulation Distribution Lin...

​Chaikin Accumulation Distribution Oscillator (ADO) is a momentum indicator which is similar to the previously released Chaikin Accumulation Distribution Line (ADL) but using the exponential moving average formulas used by MACD.

ADO is essentially the difference between 3 and 10 periods Exponential Moving Averages. For example, for a daily chart it would be the difference between the EMAs for 3 days and 10 days.

ADO is used to detect directional changes in ADL by measuring the momentum of the movements - the first signal for a change of a trend. ADO generates a signal when the line crosses below or above the zero line.

ADO can also indicate bearish or bullish divergence:

If the price is rising and AD is falling (negative divergence) can indicate a bearish market

If the price is falling and AD is rising (positive divergence) can indicate a bullish market